🚀 $RARE — Bullish Continuation Setup | Technical Breakdown

SuperRare ($RARE) is printing constructive price action after its latest impulsive move. The chart structure suggests the rally is pausing to build strength rather than topping out.

📊 Structure & Price Behavior

Trend Direction:

Higher lows continue to form, showing that buyers are consistently stepping in on dips and absorbing sell pressure.

Support Validation:

The recent retracement respected a clear demand area, confirming it as a reliable base for continuation.

Price Compression:

RARE is tightening just below local resistance. This type of compression often precedes a strong directional move once the range resolves.

Bias:

Bullish while price remains supported above the short-term base.

🎯 Trade Plan

Entry Zone: 0.0265 – 0.0275

Stop Loss: 0.0249

Upside Targets:

🎯 TP1: 0.0298

🎯 TP2: 0.0320

🎯 TP3: 0.0350

🛡️ Risk Management Notes

• Risk only a small portion of capital per trade (1–2%)

• Take partial profits at TP1 to lock in gains

• After TP1, consider moving SL to breakeven

• A trailing stop can help capture extended upside if momentum accelerates

If buyers keep control of the current structure, $RARE has room to expand higher. Let the chart confirm and trade the levels, not emotions.

👇 What’s your bias on $RARE — continuation or rejection?

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RARE

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